Do I have to file a form 709 for a gift not over $13000 per year?
If you give a single recipient $13,000 or less in gifts over the course of the year ($26,000 for a couple), you do not have to pay taxes on your giving. If you give more, however, you must fill out Form 709 to inform the IRS of your giving. Have a wonderful day! Thanks for using ChaCha!
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